logo
TopLine Financial Credit Union Receives Statewide Recognition for Member Service Initiatives

TopLine Financial Credit Union Receives Statewide Recognition for Member Service Initiatives

Yahoo20-05-2025

TopLine receives MnCUN's Louise Herring Philosophy-in-Action Member Service Award
TopLine Financial Credit Union Receives Statewide Recognition For Member Service Initiatives
MAPLE GROVE, Minn., May 20, 2025 (GLOBE NEWSWIRE) -- TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, was named winner of the Louise Herring Philosophy-in-Action Member Service Award, sponsored by the Minnesota Credit Union Network (MnCUN). The Louise Herring award recognizes credit unions that demonstrate in an extraordinary way the practical application of the movement's principles in serving their members.
Topline was awarded in the Louise Herring Category for the credit union's partnership with Rondo Community Land Trust (RCLT), a non-profit in St. Paul, to help make homeownership more affordable for individuals and families earning low-to-moderate incomes, and to preserve affordability for small businesses operated by people of color and non-profits at risk of displacement from rising rents.
TopLine joined forces with Rondo Community Land Trust as the first credit union to be one of their approved mortgage lenders for their Homebuyer Initiated Program (HIP). This program assists home buyers at or below 80% area median income (AMI) to purchase and make repairs on a single-family home (including duplexes) in St. Paul or Suburban Ramsey County.
'We are honored to be recognized for our partnership with Rondo Community Land Trust,' said Mick Olson, TopLine Financial Credit Union President and CEO. 'We are committed to building strong connections with nonprofit community partners such as RCLT. By working together, we can drive economic growth and diversity, promote financial inclusion and access, and help more individuals achieve their financial dream of homeownership."
The Minnesota Credit Union Network is the statewide trade association that works to ensure the success, growth and vitality of Minnesota credit unions. For more information, visit www.mncun.org.
Rondo Community Land Trust (CLT) is a community based affordable housing and commercial land trust operating in St. Paul and Suburban Ramsey County. For more information, visit www.rondoclt.org.
TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota's 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul's Como Park — as well as by phone and online at www.TopLinecu.com or www.ahcu.coop. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union's foundation, visit www.TopLinecu.com/Foundation.
CONTACT:Vicki Roscoe EricksonSenior Vice President and Chief Marketing OfficerTopLine Financial Credit Unionverickson@toplinecu.com | 763.391.0872
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/52c4da82-782a-4a8f-9324-2650a4257373

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NIO's Q1 Loss Wider Than Expected, Revenues Increase Y/Y
NIO's Q1 Loss Wider Than Expected, Revenues Increase Y/Y

Yahoo

time20 minutes ago

  • Yahoo

NIO's Q1 Loss Wider Than Expected, Revenues Increase Y/Y

NIO Inc. NIO incurred a loss per American Depositary Share ('ADS') of 45 cents in the first quarter of 2025, which was wider than the Zacks Consensus Estimate of a loss of 22 cents. The company reported a loss of 36 cents in the year-ago quarter. This China-based electric vehicle maker posted revenues of $1.66 billion, which missed the Zacks Consensus Estimate of $1.71 billion but rose 20.85% year over year due to higher delivery volumes. NIO Inc. price-consensus-eps-surprise-chart | NIO Inc. Quote It delivered 42,094 vehicles in the first quarter, up 40.1% year over year, including 27,313 vehicles from NIO and 14,781 from ONVO. Revenues generated from vehicle sales amounted to $1.37 billion, up 18% year over year. The rise in sales was mainly attributable to an increase in delivery volume. Other sales of $288.8 million rose 36.5% on a year-over-year basis. Gross profit was $126.7 million, up 87.7% reported in the year-ago quarter. Vehicle margin in the reported quarter climbed to 10.2% from 9.2% in the first quarter of 2024, due to lower material cost per unit. Gross margin was 7.6%, up from 4.9% in the year-ago quarter. The rise was attributable to an increase in sales from parts, accessories and after-sales vehicle services. Research & development costs amounted to $438.4 million, which rose 10.5% year over year. Selling, general & administrative costs were $606.4 million, up 46% year over year. As of March 31, 2025, cash and cash equivalents totaled $3.6 billion and long-term debt amounted to $1.28 billion. For second-quarter 2025, NIO projects deliveries in the range of 72,000-75,000 vehicles, implying a rise of 25.5-30.7% year over year. Revenues are estimated between $2,689 million and $2,765 million. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) NIO currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Autoliv Inc. ALV reported first-quarter 2025 adjusted earnings of $2.15 per share, which beat the Zacks Consensus Estimate of $1.72 and rose 37% year over year. The company reported net sales of $2.58 billion in the quarter. The figure beat the Zacks Consensus Estimate of $2.47 billion but fell 1.4% year over year. Autoliv had cash and cash equivalents of $322 million as of March 31, 2025. Long-term debt totaled $1.57 billion. Operating cash flow in the quarter under review was $77 million and capital expenditure amounted to $93 million, resulting in a negative free cash flow of $16 million. In the quarter, ALV paid a dividend of 70 cents per share and repurchased 0.5 million shares. Mobileye Global Inc. MBLY reported first-quarter 2025 adjusted earnings per share of 8 cents. The figure was in line with the Zacks Consensus Estimate. The company reported a loss of 7 cents per share in the year-ago quarter. Total revenues amounted to $438 million, beating the Zacks Consensus Estimate of $434 million. The metric also rose 83% year over year. MBLY had cash and cash equivalents of $1.51 billion as of March 29, 2025, compared with $1.43 billion as of Dec. 28, 2024. Operating cash flow for the three months ended March 29, 2025, was $109 million. Capex was $14 million during the same time frame. Group 1 Automotive GPI reported first-quarter 2025 adjusted earnings per share of $10.17, which beat the Zacks Consensus Estimate of $9.68 and rose 7.17% year over year. The automotive retailer registered net sales of $5.51 billion, beating the Zacks Consensus Estimate of $5.34 billion. The top line also rose from the year-ago quarter's $4.47 billion. Group 1 had cash and cash equivalents of $70.5 million as of March 31, 2025, up from $34.4 million as of Dec. 31, 2024. Total debt was $2.8 billion as of March 31, 2025, down from $2.91 billion as of Dec. 31, 2024. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Autoliv, Inc. (ALV) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Mobileye Global Inc. (MBLY) : Free Stock Analysis Report NIO Inc. (NIO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Minnesota still has 17 Fortune 500 companies; UnitedHealth leapfrogs Apple
Minnesota still has 17 Fortune 500 companies; UnitedHealth leapfrogs Apple

Yahoo

time24 minutes ago

  • Yahoo

Minnesota still has 17 Fortune 500 companies; UnitedHealth leapfrogs Apple

Minnesota still has 17 Fortune 500 companies; UnitedHealth leapfrogs Apple originally appeared on Bring Me The News. Minnesota is still home to 17 Fortune 500 companies despite some chopping and changing in the latest rankings. Fortune revealed its 2025 list, which ranks U.S.-based companies based on their 2024 revenue, on Monday, with UnitedHealth Group once against Minnesota's most valuable company. The Minnetonka-based health insurance giant moved up one spot to 3rd overall, behind only Walmart and Amazon, and ahead of tech leviathan Apple. The question is whether UnitedHealth remains in the spot next year following a turbulent start to 2025 for the company, which has seen the aftermath of the killing of UnitedHealthcare CEO Brian Thompson, the resignation of UHG CEO Andrew Witty, a plunge in its stock price as it suspended its 2025 guidance, and news of an alleged DOJ investigation into possible Medicare Advantage fraud. Minnesota's second-highest ranked company, Target, dropped four spots to 41 on the 2025 Fortune 500 list, but has also experienced a difficult first half of the year. Its decision to abandon diversity programs in the wake of President Donald Trump's return to office leading to boycotts and contributing to a reduction in sales, while the ongoing trade war launched by the president leading it to reduce its full-year guidance. U.S. Bancorp rose slightly in the Fortune 500 after increasing revenue in 2024. Best Buy dropped, while CHS fell by 18 places after seeing revenue fall by 13.9% over the course of the year. Minnesota maintained its 17 companies despite Polaris dropping out of the top 500, with a 19.3% revenue decline seeing it fall to 508. It was replaced by Solventum, the new healthcare company spun off from 3M in April, which debuted at 462nd with a revenue of $8.2 billion. The loss of the healthcare business saw 3M fall by 41 places, with its revenue declining from $32.7 billion to $24.5 billion. Here's the list of Minnesota Fortune 500 companies, with revenues in parentheses: 3: UnitedHealth Group ($400.2 billion; last year 4th) 41: Target ($106.5 billion; last year 37th) 105: U.S. Bancorp ($42.7 billion; last year 107th) 108: Best Buy ($41.5 billion; last year 100th) 118: CHS ($39.7 billion; last year 97th) 175: 3M ($32.7 billion; last year 134th) 216: General Mills ($19.9 billion; last year 203th) 230: Ameriprise Financial ($17.9 billion; last year 254th) 233: C.H. Robinson ($17.7 billion; last year 233rd) 262: Land O'Lakes ($16.2 billion; last year 245th) 274: Ecolab ($15.7 billion; last year 269th) 319: Xcel Energy ($13.4 billion; last year 302nd) 352 Hormel Foods ($11.9 billion; last year 343rd) 388: Thrivent Financial for Lutherans ($10.9 billion; last year 405th) 462: Solventum ($8.2 billion; new entry) 464: Securian Financial Group ($8.2 billion; last year 462nd) 492: Fastenal ($7.54 billion; last year 488th) This story was originally reported by Bring Me The News on Jun 4, 2025, where it first appeared.

Adlib Software Appoints Chris Huff as Chief Executive Officer
Adlib Software Appoints Chris Huff as Chief Executive Officer

Yahoo

time25 minutes ago

  • Yahoo

Adlib Software Appoints Chris Huff as Chief Executive Officer

TORONTO, June 4, 2025 /CNW/ - Adlib Software, a global leader in AI-powered document intelligence and automation solutions for heavily regulated industries, today announced the appointment of Chris Huff as its new Chief Executive Officer, effective immediately. Chris brings more than two decades of leadership experience in enterprise technology, AI, and digital transformation, with a strong track record of accelerating growth and scaling software businesses with private equity sponsors. Most recently, he served as CEO at and previously was the Chief Strategy and Growth Officer at Tungsten Automation (formerly Kofax), where he played a key role in the multi-billion-dollar exit from Thoma Bravo to TA Associates and Clearlake Capital. "Chris is a transformative leader who understands the intersection of AI, automation, and intelligent document rendering and workflows," said Ron Nayot, Managing Director at Diversis Capital. "He has deep background in Adlib's category. He has strategic vision from his time as the US Public Sector Intelligent Automation Practice Leader at Deloitte, and proven operational discipline shaped by his service as a U.S. Marine Corps Officer—which makes him uniquely suited to lead Adlib into its next phase of growth." Adlib Software is at the forefront of automating document-centric processes for highly regulated industries such as life sciences, oil and gas, insurance, manufacturing, and government. With growing global demand for intelligent automation and document transformation, the company is expanding its capabilities to deliver more flexible, AI-driven solutions to enterprise customers. "I'm excited to join Adlib at such a pivotal moment," said Huff. "Adlib has built a powerful new platform with Transform and is a long-trusted brand in a space that is only becoming more essential. I look forward to working with the exceptional team at Adlib to scale our impact, drive AI innovation, and continue delivering mission-critical outcomes and value for our customers." About Adlib SoftwareAdlib Software is a global leader in document intelligence solutions, enabling enterprises to extract, classify, and automate data across millions of unstructured documents. Trusted by Fortune 1000 companies in life sciences, energy, financial services, manufacturing, and government, Adlib transforms manual document processes into intelligent, scalable workflows. Learn more at About Diversis CapitalDiversis Capital is a Los Angeles-based private equity firm that invests in software and technology-enabled organizations, partnering with management teams to drive long-term value. With a flexible investment mandate and deep operational expertise, Diversis supports companies through transformational growth initiatives across industries and geographies. Learn more at View original content to download multimedia: SOURCE Adlib Software View original content to download multimedia:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store